National

Entrepreneurs are a vital component of a thriving American economy. Indeed, small businesses represent 99% of all employer firms and account for half of our nation’s jobs and economic output, and their creativity spurs innovation in all sectors of the economy. That’s why it’s important to take time to appreciate our country’s entrepreneurs during November, which is National Entrepreneurship Month.

In today’s political climate, a lot of political leaders talk about wanting to help small business, but oftentimes don’t take their actual comments and concerns into consideration when working on key policy issues, like tax reform and healthcare. That’s why we tackled this challenge head on at Small Business Majority’s 2017 Policy Forum, which brought 50 small business leaders from around the country to our nation’s capital to discuss how to promote policy reforms that will help small businesses thrive.

Open enrollment to purchase health insurance plans for 2018 through the Affordable Care Act (ACA) individual marketplaces has started and there are some important changes for small business owners to note this year. If you’re a self-employed entrepreneur or have employees who need coverage through Healthcare.gov, check out these key facts about this year’s open enrollment below.

Despite months of speeches, speculation and tweets suggesting that the federal government would not continue to provide critical payments that support the Affordable Care Act (ACA) marketplaces, President Trump still has yet to announce a final decision on the future of cost-sharing reduction subsidies (CSRs), which help reduce out-of-pocket healthcare costs for low and moderate-income enrollees.

The National Cybersecurity Society (NCSS) is committed to improving the online safety and security of the small business community through education, awareness, and advocacy. The organization’s goal is to enable and empower small businesses to obtain cybersecurity services; assist them in understanding their cyber risk; and advise on the type of protection needed.

Are you a small business owner looking for alternative funding options beyond a traditional bank loan? A CDFI loan might be the answer you’ve been looking for.

While traditional bank lending is down, organizations called community development financial institutions, or CDFIs, are stepping up to fill the void by focusing on supporting small businesses and local economies in a holistic way. So what is a CDFI?

Michelle Mauricci, a true entrepreneur, has owned not one, not two, but three small businesses. Her current business, Think Possible, located in Reno, Nevada, is a personal business-consulting firm that helps entrepreneurs navigate their health coverage options under the Affordable Care Act (ACA), among other services. Michelle also receives her own coverage through the ACA’s individual marketplace, and credits the healthcare law with allowing her to follow her entrepreneurial dreams.

Whether or not Republicans eventually succeed in repealing and replacing the Affordable Care Act (ACA), it is increasingly obvious that the debate over the future of healthcare is creating so much uncertainty that irreparable damage may have already been done to the ACA.

Earlier this month, the administration announced a proposal to sunset online enrollment for the federal small business health insurance marketplace, otherwise known as SHOP. It’s one more example of how the administration is determined to undo as much of the Affordable Care Act as possible, despite the fact that it's helping small business owners, their employees, and millions of Americans gain coverage.

Entrepreneurs in the United States have a long wishlist of things they would like to see lawmakers do that would help improve their businesses. From tax reform to healthcare changes, there are plenty of ways politicians could make life better for America’s job creators.